BOOM! China Court Orders Property Giant "Evergrande" LIQUIDATED
(halturnerradioshow.com)
You're viewing a single comment thread. View all comments, or full comment thread.
Comments (5)
sorted by:
Overall, the credit bust domino that Hong Kong Bankruptcy Court Justice Chan just set in motion could potentially be of biblical proportions and will severely undermine China efforts to convince investors to come back.
Frankly speaking, now that the plug is pulled from Evergrande, this event has all the characteristics to become an avalanche that impacts markets in the same way Covid-19 did. In fact, I will go so far as to say that, in my opinion, we _could see a "BLACK MONDAY THRU FRIDAY" this week in markets.
That will certainly mix well with the Regional Wars around the world.